Business news – Page 231
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Heavy lift looks to African wind generating opportunities
January 19 - Demand for heavy lift and project forwarding activity in Africa could grow from large-scale wind turbine development as economic growth in African states threatens to outstrip the capabilities of traditional power generation means to satisfy
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Maximus enjoys bullish 2009
January 18 - Maximus Air Cargo, the UAE's largest dedicated cargo aircraft operator, enjoyed a bullish 2009 in the face of a turbulent business year.
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Tuscor Lloyds moves huge underwater substructures
January 15 - Tuscor Lloyds was called upon by aspecialist manufacturing company that needed to move some large and cumbersome cargo for the offshore industry from the east coast of Scotland to Melbourne, Australia.
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Network Cargo Systems to represent AirbridgeCargo Airlines
January 14 - Network Cargo Systems Intl. Inc. has been named General Sales & Service Agent (GSSA) for AirBridgeCargo Airlines for USA and Canada.
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ST Engineering signs JV to form Hovertrans Solutions
January 13 - Singapore Technologies Engineering Ltd (ST Engineering) subsidiary, Singapore Technologies Marine Ltd (ST Marine) has signed a joint venture agreement with Hovertransport Consultants Ltd (Hovertransport) and Clearstone Investments LLC (Clears
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Amsterdam is flying high for Bellville Rodair
January 12 - Whilst 2009 ranks as one of the most difficult on record for the freight industry, Bellville Rodair International (BRI) says that its Amsterdam office achieved a record 91 percent increase in revenue and 118 percent increase in gross profit,
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Intermarine forecasts tough 12 months
January 12 - Andre Grikitis, president and chief executive of Intermarine, says that in 2010 we can expect a very complex and demanding marketplace where only the well-experienced and well-financed will be able to ultimately satisfy the requirements of sh
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Calera makes majority investment in Rock-It Cargo
January 11 - Calera Capital, a leading middle-market private equity firm, has invested in Rock-It Cargo LLC (Rock-It) in partnership with Rock-It management.
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PD Ports says no further job cuts at Teesport
January 11 - At the beginning of December 2009, Corus announced its intentions to mothball some of its Teesside Cast Products (TCP) operations with effect from the end of January 2010.
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BaltShip scores awards hat-trick
January 8 - BaltShip A/S has achieved a number of important accreditations recently.
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New senior management at Metro Ports
January 8 - Metro Ports has named Patrick Furrow, senior VP HR & administrative services; Kenneth Keane, director, safety; and Steve Mathis, director, business development.
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Container line casualties are likely says Drewry
January 8 - The latest edition of the Drewry Container Forecaster predicts that carriers may have to sell more assets or liquidate before recovery commences.
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BaltShip opens for business in China
January 7 - Danish-based and owned BaltShip A/S, has created Baltship (China) Co Ltd, headquartered in Beijing, strengthening its presence in one of the most important markets for project cargoes in the world, reports Claus Holk Poulsen, director Internat
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DB Schenker wins
January 6 - DB Schenker is the latest logistics company to win benefitial business from Australia's massive Gorgon project, the major gas production development.
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Breakbulk Asia keynote address speakers revealed
January 5 - Mark Marian Siegert, managing director Asia-Pacific at Agility Project Logistics, and Thomas Kim, executive director, Regional Transportation Research at Goldman Sachs (Asia) LLC, will be the keynote speakers on January 26th and 27th, respecti
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Topaz sells diving support maintenance barge
December 28 - Topaz Energy and Marine has sold its DP2 diving support maintenance barge, TEAM Siam, to Mermaid Offshore Services Ltd.
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A swell job for Jumbo Jubilee's maiden voyage
December 24 - Jumbo Shipping's latest newbuilding, Jumbo Jubilee, completed its maiden voyage after successfully loading, transporting and installing two 1,250 tonne shiploaders for FL Smidth in challenging circumstances.
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Van Uden Stevedoring to open new deep sea terminal in 2011
December 24 - Van Uden Stevedoring will invest in a brand new deep sea terminal in 2011, at the Maasvlakte in the Mississippihaven in Rotterdam.
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Offshore energy puts some wind in Cory's sales
December 23 - Cory Brothers is approaching 2010 optimistically after latest figures reveal it has generated a five-fold increase in profits over the past six months thanks to increased business across the board and particularly through its involvement in
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Topaz secures USD42m financing
December 21 - Topaz Energy and Marine has raised USD42 million from Standard Chartered Bank, Dubai in support of its fleet expansion plans, taking its total financing raised in 2009 to USD150 million, the lion's share of which has been deployed to support